Groundnuts

Entrepreneur

About Me

schooled in the village and later joined town for university. have burned charcoal to help in paying my school fee. i started business by selling sweets, scratch cards, milk and sugar. in my culture, people believe that business is for those who are not schooled. the is no problem with trying but there is a problem with not trying. i would like my children to emulate hard working spirit. am a good dancer and like reading inspirational books like poor dad rich dad.

My Business

mechanical work and body work. cars get spoiled hence needs repair, accidents are also common i our roads thus need for body work. this business is paying well and also enhances relationship with customers. spare parts are, labour, electricity are my cost. revenue labour charge and spare mark up. profits i use to improve the business.

Loan Proposal

I want to buy groundnuts which will cost $3 per 1kg , so if i get the loan i can purchase at leat 8kg.am going to purchase them from the village hence transport is also needed of around $20.
i will sell this to customers who will use it as food. groundnuts, apart from being used as food, it can be used to make peanut butter.
i expect 25% profit from the business.

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Loan Info

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